Associate

9608 Deutsche India Private Limited, Mumbai Branch; Mumbai; On-site; INR 1,400,000 - 1,800,000; Full time

Benefits offered by this job

Leave policy

Parental leaves

Childcare assistance

Certifications sponsorship

EAP

Health insurance

Life Insurance

Health screening

Job summary

Deutsche Bank AG in Mumbai invites Finance Senior Analyst candidates to join a dynamic team within US Rates Business Finance. The role focuses on Product Control and Financial Control functions, contributing to accurate P&L reporting, risk assessment, and balance sheet substantiation.

The position is based in Mumbai with reporting to the AVP/VP Finance Lead. Qualified finance professionals with CA or MBA in Finance and 5–7 years of experience are encouraged to apply.

Qualifications

• Qualified Finance professional with CA or MBA in Finance
• 5-7 years’ experience in core finance & accounting functions
• Strong understanding of financial markets and products
• Excellent analytical and communication abilities
• Ability to work independently in a global bank environment
• Proactive in leveraging AI/tools to improve productivity

Responsibilities

• Produce daily P&L, risk, and balance sheet reporting with accuracy
• Provide daily variance analysis and commentary to Front Office and senior Finance managers
• Investigate discrepancies between ledger and trade documents and resolve promptly
• Substantiate balance sheet with appropriate GL documentation per policy
• Generate MIS reports within agreed timelines
• Support month-end close including SAP journals and reconciliations
• QA processes within team remit and ensure effective controls
• Collaborate with Change the Bank SMEs to deliver process changes

Skills

Finance acumen

Analytical thinking

Communication skills

Problem-solving

Education

CA

MBA in Finance

Job description

Job Description: In Scope of Position based Promotions. Job Title- Business Finance Senior Analyst, AS Location- Mumbai, India Role Description Individual Contributor Role within US Rates Business Finance team covering Product Control and Financial control functions. This role is based out in DIPL Mumbai and will be reporting to AVP / VP Business Finance Lead. Revenue control & Financial control responsibilities are segregated & well defined for each product / business lines. As a Business Finance personnel, the core responsibilities are to ensure accurate reporting of periodic P&L, Risk and BS based on sound business/ product understanding along with strong accounting & system knowhow.

What we’ll offer you

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Responsible for the accurate and timely production of daily T+1 P&L production, attribution and analysis.
• Providing daily commentary and variance investigation to Front Office traders and senior Finance managers
• Break investigation and resolution in timely manner: Model vs Actual (Ledger) Cash, FO/MO system vs trade docs etc.
• Balance sheet substantiation, i.e. obtaining requisite support for GL accounts in line with MRP policy
• Production of various MIS reports within agreed timelines
• Performs month end close activities- SAP journals, reconciliations, balance sheet substantiations and reporting
• Performs QA function for processes within your team’s remit and regularly assesses the effectiveness of the checks
• Engages with CTB/SME (Change the Bank / Subject Matter Expert) to deliver change
• Responsible for ensuring that Standard Operating Procedures are reviewed for relevance and effectiveness on a timely basis.

Your skills and experience

• Qualified Finance professional - CA or MBA in Finance degree with 5-7 years’ experience in the core finance & accounting function of an organization.
• Strong understanding of financial market products such as Bonds, OTC, Loans and Listed Derivatives
• Very strong problem solving, analytical & commercial acumen required to support the business
• Demonstrate Initiative and ability to successfully navigate a global financial institution
• High level of motivation and energy; adherence to highest quality standards; ability to multi-task and work independently
• Strong communication and interpersonal skills
• Good understanding relevant DB systems required for the role or ability to pick up / utilize where not already there.
• Strong technical skills and ability to work with financial data and use AI / Automation tools where necessary
• Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

How we’ll support you

Training and development to help you excel in your career Coaching and support from experts in your team A culture of continuous learning to aid progression A range of flexible benefits that you can tailor to suit your needs.

About us and our teams

Please visit our company website for further information: https://www.db.com/company/company.html We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment. For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security.

More information at: Deutsche Bank Careers (db.com)